Bando Chemical announced that for the first half (April to September) of the fiscal year ending March 31, 2025, sales revenue was 58.10 billion yen ($377.63 million), up 7.7% year-on-year; core operating income was 4.12 billion yen, up 9.3%; and net income was 3.30 billion yen, down 10.2%. “Sales and operating income increased, but net income decreased due to a...
Bando Chemical has signed a strategic partnership agreement with Canadian based Inmotive in two-speed transmissions for electric two-wheelers and three-wheelers. Inmotive’s vision is to accelerate the global evolution of affordable zero-emission mobility and play a key role in mitigating climate change. The company is a start-up company developing the two-speed transmission Ingear, which is expected to extend cruising range through...
Bando Chemical is pursuing its medium-term business plan under the three guiding principles of Value Creation, Smart Manufacturing Creation, and Evolution of Organizational Capabilities for the Future. With co-creation as its keyword, the company is working to create new value and steadily achieving results in the fields of electronic materials, medical equipment, and healthcare equipment. Japan Rubber Weekly sat down...
Bando Chemical’s Nankai Plant in Sennan City, Osaka Prefecture, has over the past 10 years achieved a total of 12.5 million hours without a fatal accident or an accident resulting in one or more days of absence from work, and received a no accident record certificate from the Ministry of Health, Labor and Welfare (MHLW). MHLW awards a no-injury record...
Belt manufacturer Bando Chemical held in September a webinar on how to select materials for transmission belts. Takamitsu Akashi, General Manager of the Industrial Materials Division Sales Department and General Manager of the Power Transmission Sales Group, served as MC and instructor for the day. For rubber toothed belts, the rubber materials used include chloroprene rubber (CR), ethylene propylene rubber...
Bando Chemical’s first half (April-September) results (IFRS) showed revenue of 52.2 billion yen ($378.70 million), up 13.1 percent year-on-year; and core operating profit of 3.65 billion yen, down 16.6 percent. Sales of products remained strong despite the lingering impact of the coronavirus pandemic. Sales also increased due to the weaker yen. On the other hand, the cost of sales ratio...
